Company Valuation: Investec plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 4,610 3,845 4,725 4,046 4,772 5,427 - -
Change - -16.58% 22.88% -14.39% 17.95% 13.75% - -
Enterprise Value (EV) 4,610 3,845 4,725 4,046 4,772 5,427 5,427 5,427
Change - -16.58% 22.88% -14.39% 17.95% 13.75% 0% 0%
P/E - - 5.16x 6.83x 7.55x 8.29x 7.5x 6.55x
PBR - - - - 0.89x - - -
PEG - - - -0.2x 1.13x 2.83x 0.7x 0.5x
Capitalization / Revenue 2.32x 1.69x 2.31x 1.85x 2.09x 2.28x 2.14x 1.99x
EV / Revenue 0x 0x 0x 0x 0x 2.28x 2.14x 1.99x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 5.11x 4.72x 4.32x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.257 - 0.345 0.365 0.385 0.41 0.45 0.51
Rate of return 5.07% - 6.61% 7.6% 6.8% 6.4% 7.03% 7.97%
EPS 2 - - 1.01 0.703 0.75 0.772 0.853 0.977
Distribution rate - - 34.2% 51.9% 51.3% 53.1% 52.8% 52.2%
Net sales 1 1,990 2,280 2,046 2,190 2,281 2,381 2,538 2,731
EBITDA - - - - - - - -
EBIT 1 716.2 917 963.6 1,039 1,075 1,062 1,150 1,256
Net income 1 516.2 804.9 941 693.5 724.5 787.1 863.8 991.5
Net Debt - - - - - - - -
Reference price 2 5.070 4.477 5.216 4.801 5.660 6.402 6.402 6.402
Nbr of stocks (in thousands) 913,590 856,353 896,090 843,759 834,812 837,503 - -
Announcement Date 19/5/22 18/5/23 23/5/24 22/5/25 21/5/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.7x3.5x9.61x3.06% 65.67B
7.79x - - 3.21% 43.26B
12.84x - - 2.18% 14.36B
8.07x0.98x - 3.43% 13.81B
12.73x0.89x - 1.89% 9.3B
8.29x - - 6.4% 7.34B
-184.68x2.79x14.85x1.28% 4.4B
19.68x24.32x77.52x2.34% 4.32B
Average -12.07x 6.50x 33.99x 2.97% 20.31B
Weighted average by Cap. 8.08x 3.79x 13.86x 3.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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